ODP to offer prepaid card from American Express

March 21, 2012

NEW YORK — Office Depot has teamed up with American Express to launch a prepaid reloadable card with no monthly or maintenance fees, will soon be available in retail at select Office Depot stores. The card will roll out in more than 1,100 stores across the United States in the coming weeks.

“Office Depot is pleased to offer a prepaid reloadable card for the first time to our customers,” said Farla Efros, EVP and chief merchandising officer, Office Depot. “Reloadable prepaid cards are quickly gaining traction for many different uses. We are excited to offer the American Express Prepaid Card which delivers premium value with no hidden fees, enables our customers to use the card immediately upon purchase and is backed with the safety and security that is synonymous with American Express.”

The temporary one-time load card is available for purchase for $4.95 in more than 1,100 Office Depot stores nationwide or free online at americanexpress.com/prepaid. The temporary card can be funded with multiple loading options at the register with any dollar amount from $25 to $500.

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